View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsIVS Group 배당 및 자사주 매입배당 기준 점검 0/6IVS Group 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률1.6%자사주 매입 수익률총 주주 수익률1.6%미래 배당 수익률1.6%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 17Upcoming dividend of €0.11 per share at 2.2% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 26 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.2%. Lower than top quartile of Italian dividend payers (5.2%). Lower than average of industry peers (4.3%).Upcoming Dividend • Sep 12Upcoming dividend of €0.11 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 21 September 2022. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (0.4%).모든 업데이트 보기Recent updatesNew Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risk Large one-off items impacting financial results.Reported Earnings • Sep 06Second quarter 2024 earnings released: EPS: €0.02 (vs €0.022 in 2Q 2023)Second quarter 2024 results: EPS: €0.02. Revenue: €188.3m (flat on 2Q 2023). Net income: €2.05m (up 3.0% from 2Q 2023). Profit margin: 1.1% (in line with 2Q 2023).New Risk • Aug 08New major risk - Revenue and earnings growthEarnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 10% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.New Risk • May 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Large one-off items impacting financial results.Reported Earnings • May 17First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.08. Revenue: €183.2m (flat on 1Q 2023). Net income: €2.84m (up 23% from 1Q 2023). Profit margin: 1.5% (up from 1.3% in 1Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • May 01IVS Group S.A., Annual General Meeting, Jun 07, 2024IVS Group S.A., Annual General Meeting, Jun 07, 2024, at 11:00 Central European Standard Time. Location: IVS Group registered office, 18 Rue de l'Eau L - 1449, L-Luxembourg, Grand Duchy of Luxembourg Grand Duch Of Luxembourg Luxembourg분석 기사 • Apr 05IVS Group's (BIT:IVS) Solid Profits Have Weak FundamentalsIVS Group S.A. ( BIT:IVS ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • Mar 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.18 (up from €0.091 in FY 2022). Revenue: €726.2m (up 35% from FY 2022). Net income: €16.2m (up 160% from FY 2022). Profit margin: 2.2% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 169%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 28IVS Group S.A.'s (BIT:IVS) Price Is Out Of Tune With RevenuesIt's not a stretch to say that IVS Group S.A.'s ( BIT:IVS ) price-to-sales (or "P/S") ratio of 0.8x right now seems...Reported Earnings • Nov 16Third quarter 2023 earnings released: €0.01 loss per share (vs €0.02 profit in 3Q 2022)Third quarter 2023 results: €0.01 loss per share (down from €0.02 profit in 3Q 2022). Revenue: €167.7m (down 2.5% from 3Q 2022). Net loss: €836.0k (down 147% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Nov 15+ 3 more updatesIVS Group S.A. to Report Q1, 2024 Results on May 14, 2024IVS Group S.A. announced that they will report Q1, 2024 results on May 14, 2024Price Target Changed • Sep 12Price target increased by 18% to €6.00Up from €5.10, the current price target is provided by 1 analyst. New target price is 9.9% above last closing price of €5.46. Stock is up 28% over the past year. The company posted earnings per share of €0.091 last year.Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: €0.022 (vs €0.031 in 2Q 2022)Second quarter 2023 results: EPS: €0.022 (down from €0.031 in 2Q 2022). Revenue: €187.4m (up 82% from 2Q 2022). Net income: €1.99m (down 27% from 2Q 2022). Profit margin: 1.1% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 17Upcoming dividend of €0.11 per share at 2.2% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 26 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.2%. Lower than top quartile of Italian dividend payers (5.2%). Lower than average of industry peers (4.3%).분석 기사 • May 23Is IVS Group (BIT:IVS) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 17First quarter 2023 earnings releasedFirst quarter 2023 results: EPS: €0.06. Revenue: €183.6m (up 99% from 1Q 2022). Net income: €2.30m (up €2.38m from 1Q 2022). Profit margin: 1.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 03Price target decreased by 11% to €4.80Down from €5.40, the current price target is provided by 1 analyst. New target price is 31% above last closing price of €3.66. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.09 last year.Reported Earnings • Apr 02Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €0.09. Revenue: €542.1m (up 50% from FY 2021). Net income: €6.24m (up 16% from FY 2021). Profit margin: 1.2% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe.Major Estimate Revision • Nov 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €538.0m to €532.0m. EPS estimate rose from €0.10 to €0.30. Net income forecast to grow 207% next year vs 2.7% decline forecast for Online Retail industry in Italy. Consensus price target down from €5.40 to €5.10. Share price was steady at €3.84 over the past week.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Non-Executive Director Marco Fumagalli was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 15+ 4 more updatesIVS Group S.A. to Report Fiscal Year 2022 Results on Mar 30, 2023IVS Group S.A. announced that they will report fiscal year 2022 results on Mar 30, 2023Buying Opportunity • Nov 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 79% in 2 years. Earnings is forecast to grow by 514% in the next 2 years.Buying Opportunity • Oct 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.1%. The fair value is estimated to be €4.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 79% in 2 years. Earnings is forecast to grow by 514% in the next 2 years.Upcoming Dividend • Sep 12Upcoming dividend of €0.11 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 21 September 2022. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (0.4%).Reported Earnings • Sep 09Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €103.6m (up 18% from 2Q 2021). Net income: €2.73m (down 53% from 2Q 2021). Profit margin: 2.6% (down from 6.7% in 2Q 2021). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Online Retail industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: €92.4m (up 16% from 1Q 2021). Net loss: €80.0k (loss narrowed 96% from 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 35% growth forecast for the industry in Italy.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €4.05, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Online Retail industry in Europe. Total loss to shareholders of 53% over the past three years.분석 기사 • May 10At €3.92, Is IVS Group S.A. (BIT:IVS) Worth Looking At Closely?While IVS Group S.A. ( BIT:IVS ) might not be the most widely known stock at the moment, it saw significant share price...Price Target Changed • Apr 27Price target decreased to €7.00Down from €7.80, the current price target is provided by 1 analyst. New target price is 41% above last closing price of €4.96. Stock is down 23% over the past year. The company is forecast to post earnings per share of €0.21 for next year compared to €0.14 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (8 non-independent directors). Independent Non-Executive Director Marco Fumagalli was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 10Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €0.14 (up from €0.41 loss in FY 2020). Net income: €5.36m (up €20.7m from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 07Is IVS Group (BIT:IVS) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Nov 23IVS Group (BIT:IVS) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Sep 10Second quarter 2021 earnings released: EPS €0.17 (vs €0.13 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €87.7m (up 43% from 2Q 2020). Net income: €5.85m (up €10.7m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 02Full year 2020 earnings released: €0.41 loss per share (vs €0.50 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €329.9m (down 29% from FY 2019). Net loss: €15.3m (down 183% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 21Has IVS Group (BIT:IVS) Got What It Takes To Become A Multi-Bagger?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Feb 22IVS Group (BIT:IVS) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Feb 01Would Shareholders Who Purchased IVS Group's (BIT:IVS) Stock Three Years Be Happy With The Share price Today?While not a mind-blowing move, it is good to see that the IVS Group S.A. ( BIT:IVS ) share price has gained 27% in the...분석 기사 • Jan 11Should You Use IVS Group's (BIT:IVS) Statutory Earnings To Analyse It?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...Is New 90 Day High Low • Jan 04New 90-day high: €5.78The company is up 21% from its price of €4.76 on 06 October 2020. The Italian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 11% over the same period.분석 기사 • Dec 21Is IVS Group S.A. (BIT:IVS) Potentially Undervalued?While IVS Group S.A. ( BIT:IVS ) might not be the most widely known stock at the moment, it received a lot of attention...Is New 90 Day High Low • Dec 09New 90-day high: €5.26The company is up 5.0% from its price of €4.99 on 10 September 2020. The Italian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 10.0% over the same period.Major Estimate Revision • Dec 02Analysts update estimatesThe 2020 consensus revenue estimate was lowered from €340.0m to €325.0m. The company's losses in 2020 are expected to improve with analysts raising their EPS forecasts from -€0.12 to -€0.10. The Online Retail industry in Italy is expected to see an average net income growth of 21% next year. The consensus price target of €6.60 was unchanged from the last update. Share price is down by 2.0% to €5.02 over the past week.분석 기사 • Nov 30The Trends At IVS Group (BIT:IVS) That You Should Know AboutWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 17% share price gain to €5.24, the stock is trading at a trailing P/E ratio of 48x, up from the previous P/E ratio of 40.9x. This compares to an average P/E of 33x in the Online Retail industry in Europe. Total return to shareholders over the past three years is a loss of 58%.Reported Earnings • Nov 17Third quarter 2020 earnings released: €0.03 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €83.5m (down 24% from 3Q 2019). Net loss: €1.16m (down 146% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 30% per year.공시 • Nov 14IVS Group S.A., Annual General Meeting, May 11, 2021IVS Group S.A., Annual General Meeting, May 11, 2021. Agenda: To consider Annual Report 2020.Is New 90 Day High Low • Oct 24New 90-day low: €4.52The company is down 11% from its price of €5.06 on 24 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 4.0% over the same period.Is New 90 Day High Low • Oct 05New 90-day low: €4.55The company is down 10.0% from its price of €5.06 on 07 July 2020. The Italian market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 1.0% over the same period.공시 • Sep 30IVS Group S.A. to Report First Half, 2020 Results on Sep 08, 2020IVS Group S.A. announced that they will report first half, 2020 results on Sep 08, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 IVS 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: IVS 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장IVS Group 배당 수익률 vs 시장IVS의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (IVS)0%시장 하위 25% (IT)1.7%시장 상위 25% (IT)4.5%업계 평균 (Consumer Retailing)3.5%분석가 예측 (IVS) (최대 3년)1.6%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 IVS 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 IVS 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: IVS Italian 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: IVS 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIT 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/10/30 14:23종가2024/10/30 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스IVS Group S.A.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Luigi De BellisEquita SIM S.p.A.
Upcoming Dividend • Jul 17Upcoming dividend of €0.11 per share at 2.2% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 26 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.2%. Lower than top quartile of Italian dividend payers (5.2%). Lower than average of industry peers (4.3%).
Upcoming Dividend • Sep 12Upcoming dividend of €0.11 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 21 September 2022. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (0.4%).
New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Sep 06Second quarter 2024 earnings released: EPS: €0.02 (vs €0.022 in 2Q 2023)Second quarter 2024 results: EPS: €0.02. Revenue: €188.3m (flat on 2Q 2023). Net income: €2.05m (up 3.0% from 2Q 2023). Profit margin: 1.1% (in line with 2Q 2023).
New Risk • Aug 08New major risk - Revenue and earnings growthEarnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 10% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
New Risk • May 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Large one-off items impacting financial results.
Reported Earnings • May 17First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.08. Revenue: €183.2m (flat on 1Q 2023). Net income: €2.84m (up 23% from 1Q 2023). Profit margin: 1.5% (up from 1.3% in 1Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • May 01IVS Group S.A., Annual General Meeting, Jun 07, 2024IVS Group S.A., Annual General Meeting, Jun 07, 2024, at 11:00 Central European Standard Time. Location: IVS Group registered office, 18 Rue de l'Eau L - 1449, L-Luxembourg, Grand Duchy of Luxembourg Grand Duch Of Luxembourg Luxembourg
분석 기사 • Apr 05IVS Group's (BIT:IVS) Solid Profits Have Weak FundamentalsIVS Group S.A. ( BIT:IVS ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • Mar 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.18 (up from €0.091 in FY 2022). Revenue: €726.2m (up 35% from FY 2022). Net income: €16.2m (up 160% from FY 2022). Profit margin: 2.2% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 169%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 28IVS Group S.A.'s (BIT:IVS) Price Is Out Of Tune With RevenuesIt's not a stretch to say that IVS Group S.A.'s ( BIT:IVS ) price-to-sales (or "P/S") ratio of 0.8x right now seems...
Reported Earnings • Nov 16Third quarter 2023 earnings released: €0.01 loss per share (vs €0.02 profit in 3Q 2022)Third quarter 2023 results: €0.01 loss per share (down from €0.02 profit in 3Q 2022). Revenue: €167.7m (down 2.5% from 3Q 2022). Net loss: €836.0k (down 147% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Nov 15+ 3 more updatesIVS Group S.A. to Report Q1, 2024 Results on May 14, 2024IVS Group S.A. announced that they will report Q1, 2024 results on May 14, 2024
Price Target Changed • Sep 12Price target increased by 18% to €6.00Up from €5.10, the current price target is provided by 1 analyst. New target price is 9.9% above last closing price of €5.46. Stock is up 28% over the past year. The company posted earnings per share of €0.091 last year.
Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: €0.022 (vs €0.031 in 2Q 2022)Second quarter 2023 results: EPS: €0.022 (down from €0.031 in 2Q 2022). Revenue: €187.4m (up 82% from 2Q 2022). Net income: €1.99m (down 27% from 2Q 2022). Profit margin: 1.1% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 17Upcoming dividend of €0.11 per share at 2.2% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 26 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.2%. Lower than top quartile of Italian dividend payers (5.2%). Lower than average of industry peers (4.3%).
분석 기사 • May 23Is IVS Group (BIT:IVS) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 17First quarter 2023 earnings releasedFirst quarter 2023 results: EPS: €0.06. Revenue: €183.6m (up 99% from 1Q 2022). Net income: €2.30m (up €2.38m from 1Q 2022). Profit margin: 1.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 03Price target decreased by 11% to €4.80Down from €5.40, the current price target is provided by 1 analyst. New target price is 31% above last closing price of €3.66. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.09 last year.
Reported Earnings • Apr 02Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €0.09. Revenue: €542.1m (up 50% from FY 2021). Net income: €6.24m (up 16% from FY 2021). Profit margin: 1.2% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe.
Major Estimate Revision • Nov 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €538.0m to €532.0m. EPS estimate rose from €0.10 to €0.30. Net income forecast to grow 207% next year vs 2.7% decline forecast for Online Retail industry in Italy. Consensus price target down from €5.40 to €5.10. Share price was steady at €3.84 over the past week.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Non-Executive Director Marco Fumagalli was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 15+ 4 more updatesIVS Group S.A. to Report Fiscal Year 2022 Results on Mar 30, 2023IVS Group S.A. announced that they will report fiscal year 2022 results on Mar 30, 2023
Buying Opportunity • Nov 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €4.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 79% in 2 years. Earnings is forecast to grow by 514% in the next 2 years.
Buying Opportunity • Oct 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.1%. The fair value is estimated to be €4.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 79% in 2 years. Earnings is forecast to grow by 514% in the next 2 years.
Upcoming Dividend • Sep 12Upcoming dividend of €0.11 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 21 September 2022. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (0.4%).
Reported Earnings • Sep 09Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €103.6m (up 18% from 2Q 2021). Net income: €2.73m (down 53% from 2Q 2021). Profit margin: 2.6% (down from 6.7% in 2Q 2021). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Online Retail industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: €92.4m (up 16% from 1Q 2021). Net loss: €80.0k (loss narrowed 96% from 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 35% growth forecast for the industry in Italy.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €4.05, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Online Retail industry in Europe. Total loss to shareholders of 53% over the past three years.
분석 기사 • May 10At €3.92, Is IVS Group S.A. (BIT:IVS) Worth Looking At Closely?While IVS Group S.A. ( BIT:IVS ) might not be the most widely known stock at the moment, it saw significant share price...
Price Target Changed • Apr 27Price target decreased to €7.00Down from €7.80, the current price target is provided by 1 analyst. New target price is 41% above last closing price of €4.96. Stock is down 23% over the past year. The company is forecast to post earnings per share of €0.21 for next year compared to €0.14 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (8 non-independent directors). Independent Non-Executive Director Marco Fumagalli was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 10Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €0.14 (up from €0.41 loss in FY 2020). Net income: €5.36m (up €20.7m from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 07Is IVS Group (BIT:IVS) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Nov 23IVS Group (BIT:IVS) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Sep 10Second quarter 2021 earnings released: EPS €0.17 (vs €0.13 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €87.7m (up 43% from 2Q 2020). Net income: €5.85m (up €10.7m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 02Full year 2020 earnings released: €0.41 loss per share (vs €0.50 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €329.9m (down 29% from FY 2019). Net loss: €15.3m (down 183% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 21Has IVS Group (BIT:IVS) Got What It Takes To Become A Multi-Bagger?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Feb 22IVS Group (BIT:IVS) Use Of Debt Could Be Considered RiskyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Feb 01Would Shareholders Who Purchased IVS Group's (BIT:IVS) Stock Three Years Be Happy With The Share price Today?While not a mind-blowing move, it is good to see that the IVS Group S.A. ( BIT:IVS ) share price has gained 27% in the...
분석 기사 • Jan 11Should You Use IVS Group's (BIT:IVS) Statutory Earnings To Analyse It?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
Is New 90 Day High Low • Jan 04New 90-day high: €5.78The company is up 21% from its price of €4.76 on 06 October 2020. The Italian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 11% over the same period.
분석 기사 • Dec 21Is IVS Group S.A. (BIT:IVS) Potentially Undervalued?While IVS Group S.A. ( BIT:IVS ) might not be the most widely known stock at the moment, it received a lot of attention...
Is New 90 Day High Low • Dec 09New 90-day high: €5.26The company is up 5.0% from its price of €4.99 on 10 September 2020. The Italian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 10.0% over the same period.
Major Estimate Revision • Dec 02Analysts update estimatesThe 2020 consensus revenue estimate was lowered from €340.0m to €325.0m. The company's losses in 2020 are expected to improve with analysts raising their EPS forecasts from -€0.12 to -€0.10. The Online Retail industry in Italy is expected to see an average net income growth of 21% next year. The consensus price target of €6.60 was unchanged from the last update. Share price is down by 2.0% to €5.02 over the past week.
분석 기사 • Nov 30The Trends At IVS Group (BIT:IVS) That You Should Know AboutWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 17% share price gain to €5.24, the stock is trading at a trailing P/E ratio of 48x, up from the previous P/E ratio of 40.9x. This compares to an average P/E of 33x in the Online Retail industry in Europe. Total return to shareholders over the past three years is a loss of 58%.
Reported Earnings • Nov 17Third quarter 2020 earnings released: €0.03 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €83.5m (down 24% from 3Q 2019). Net loss: €1.16m (down 146% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 30% per year.
공시 • Nov 14IVS Group S.A., Annual General Meeting, May 11, 2021IVS Group S.A., Annual General Meeting, May 11, 2021. Agenda: To consider Annual Report 2020.
Is New 90 Day High Low • Oct 24New 90-day low: €4.52The company is down 11% from its price of €5.06 on 24 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Oct 05New 90-day low: €4.55The company is down 10.0% from its price of €5.06 on 07 July 2020. The Italian market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 1.0% over the same period.
공시 • Sep 30IVS Group S.A. to Report First Half, 2020 Results on Sep 08, 2020IVS Group S.A. announced that they will report first half, 2020 results on Sep 08, 2020